101) Internal Revenue Service regulations allow for educational assistance benefits to be
nontaxable up to $10,000 per year.
102) A defined contribution plan requires specific contributions by an employer to an employee’s
retirement or savings fund.
103) A 401(k) plan is a defined benefit plan in which employees may defer income up to a
maximum amount allowed.
104) The 2007/2009 recession caused 401(k) balances to fall sharply and firms to reduce or
eliminate 401(k) matching plans.
105) A growing number of companies are replacing sick leave and vacation time with paid time
off banks to simplify administration.
106) Sabbaticals are temporary leaves of absence from an organization, usually at a reduced
amount of pay.
107) According to the Fair Labor Standards Act, firms are required to give employees a 10
minute rest break every four hours.
108) A cash balance plan is a hybrid retirement fund with elements of both defined benefit and
defined contribution plans.
109) Tax incentives encourage companies to offer pension programs.
110) Some companies choose to offer disability insurance in addition to the mandated workers’
compensation insurance.
111) Discuss the basis for distinguishing between qualified plans and nonqualified plans. Be sure
to provide definitions of each.
112) What are the advantages and disadvantages of offering sabbaticals to employees?
113) How has federal legislation affected the benefits employees receive? Provide specific
examples of laws and their effects in your response.
114) Discuss how the Pension Protection Act strengthened employer-sponsored retirement
plans?
115) ________ are effective programs that focus on solving any personal issues that can detract
from an employee’s work.
A) Sabbaticals
B) Health benefits
C) Paid vacations
D) Work–life balance
116) Which of the following best defines Two in a Box?
A) providing two banking services to key customers
B) requiring applicants to interview with two managers
C) giving two executives the same job and responsibilities
D) requiring two employees to work overtime and weekends
117) All of the following are used by firms to assist employees with achieving a work–life
balance EXCEPT ________.
A) job sharing
B) telecommuting
C) job enlarging
D) compressed workweeks
118) Max, a newspaper photographer, is allowed to choose his own working hours, within
certain limitations. Which of the following is most likely offered by Max’s employer?
A) telecommuting
B) job sharing
C) part–time work
D) flextime
119) In a flextime system, core time is when ________.
A) employees may vary their schedules
B) employees must report to meetings
C) all employees must be present
D) all employees change shifts
120) An employee who works four 10-hour days is most likely working under which of the
following arrangements?
A) flextime
B) telecommuting
C) compressed workweek
D) executive job sharing plan
121) Which of the following most likely attracts people who want to work fewer than forty hours
per week?
A) flextime
B) job sharing
C) telecommuting
D) compressed workweek
122) If two part-time people split the duties of one job and are paid according to their
contributions then they are most likely participating in ________.
A) succession planning
B) flexible sharing
C) telecommuting
D) job sharing
123) A work arrangement whereby employees are able to remain at home and perform their
work using computers that connect them with their offices is referred to as ________.
A) gainsharing
B) broadbanding
C) job sharing
D) telecommuting
124) Which of the following jobs is most appropriate for telecommuting?
A) machine operator
B) college professor
C) computer programmer
D) sales representative
125) Which of the following is most likely an advantage of allowing employees to telecommute?
A) decreased cost of health insurance coverage
B) improved manager–employee relationships
C) decreased need for office space
D) improved team building
126) Which offering was given at Deloitte, in response to Millennials demanding a better work–
life balance and boomers looking to ease into retirement ?
A) retirement
B) telecommute
C) flextime
D) part–time
127) Which of the following is the LEAST likely advantage to firms that offer part–time
employment?
A) reduced nonfinancial compensation
B) improved work-life balance
C) reduced worker turnover
D) improved productivity
128) Flextime is the practice of permitting employees to choose their own working hours, within
certain limitations.
129) Employees on a compressed workweek split the duties of one job and work less than forty
hours a week.
130) Telecommuting is limited to information workers because jobs in the fields of banking and
architecture require employees to work in a corporate office.
131) Firms that offer part-time employment opportunities are shown to benefit from improved
worker productivity and reduced employee turnover.
132) Workplace flexibility is not a desired benefit of employees.
133) For men and women seeking to balance their work and personal lives, time is nearly as
important as money and may even be more important for some.
134) There are certain limitations in flextime.
135) Flextime is sometimes offered in lieu of a salary increase.
136) Job security is ranked number one by employees as the most important benefit.
137) Employees have reported great satisfaction with compressed workweek hours.
138) Job sharing discourages older workers to remain on the job past retirement age.
139) Job sharing partners do not have to be compatible.
140) Job sharing provides flexibility to enjoy life.
141) Two-in-a-Box works like job sharing in that two part-time people split the duties of one job
in some agreed-on manner and receive pay according to their contributions.
142) The Two-in-a-Box approach requires work and constant communication.
143) Telecommuters need to have electronic devices that connect them with their offices.
144) There are more interruptions that occur when workers are telecommuters.
145) More face-to–face communication is required for telecommuting.
146) Most telecommuters accomplish jobs that require writing and data entry.
147) More face-to–face communication is required for telecommuting.
148) ________ plans permit flexibility in allowing each employee to determine the
compensation components that best satisfy their needs.
A) Customized cafeteria
B) Voluntary benefits
C) Premium pay
D) Spot bonuses
149) With a heterogeneous workforce, employers are having to be more flexible. How are
employers using customized benefits plans and flextime to meet the needs of today’s employees?
150) Organizations need to improve benefits to recruit and retain a top-quality workforce.